Indonesian Journal of Creative Business and Technology
Vol. 1 No. 1 (2025): MEDIANTARA: Indonesian Journal of Creative Business and Technology

Pengelolaan Persediaan dengan Menggunakan Metode EOQ dan MAPE pada CV. Miss Nomi Kreasi Indonesia

Liefofid, Yosefina Mouria Viany (Unknown)
Malinda Uscha, Cindy (Unknown)
Naibaho, Hastuti (Unknown)



Article Info

Publish Date
31 Jan 2025

Abstract

Inventory has a strategic role as an essential asset for the company, especially in managing stock and controlling operational costs. Proper inventory management is key in balancing stock availability and the company's operational needs. CV. Miss Nomi Kreasi Indonesia faces challenges in aligning production planning with sales levels and market demand, which often results in excess or shortage of stock. This condition has a direct impact on increasing raw material and storage costs. This research focuses on applying forecasting methods to predict stock and production needs more accurately, using an approach of Exponential Smoothing to project inventory needs and Mean Absolute Percentage Error (MAPE) to measure the level of prediction accuracy. In addition, the method of Economic Order Quantity (EOQ) is used to determine the most efficient ordering quantity of raw materials. The research results show that the method of Exponential Single Smoothing with an alpha value of 0.2 has an accuracy rate of 41.03%, while the implementation of EOQ succeeded in reducing total annual costs from IDR 3,315,537,185.50 to IDR 1,866,260,675.68. This research proves that using appropriate forecasting and inventory management methods increases the company's operational efficiency and can provide practical solutions to overcoming the problems of suboptimal costs and stock. Using this approach, this research can provide an effective solution to increase company operational efficiency and reduce costs related to inventory management.

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Journal Info

Abbrev

mediantara-ijcbt

Publisher

Subject

Social Sciences

Description

MEDIANTARA: Indonesian Journal of Creative Business and Technology (IJCBT) is the first journal developed within the Multimedia Nusantara Polytechnic, an academic journal in creative and technology-based business. This journal aims to stimulate scientific thoughts from professionals and scholars ...